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The Art of Service

Prediction Markets: High-impact Strategies - What You Need to Know: Definitions, Adoptions, Impact, Benefits, Maturity, Vendors

$39.95

Prediction Markets: High-impact Strategies - What You Need to Know: Definitions, Adoptions, Impact, Benefits, Maturity, Vendors

$39.95

Product Description

Prediction markets (also known as predictive markets, information markets, decision markets, idea futures, event derivatives, or virtual markets) are speculative markets created for the purpose of making predictions. The current market prices can then be interpreted as predictions of the probability of the event or the expected value of the parameter.

People who buy low and sell high are rewarded for improving the market prediction, while those who buy high and sell low are punished for degrading the market prediction. Evidence so far suggests that prediction markets are at least as accurate as other institutions predicting the same events with a similar pool of participants.

This book is your ultimate resource for Prediction Markets. Here you will find the most up-to-date information, analysis, background and everything you need to know.

Prediction markets (also known as predictive markets, information markets, decision markets, idea futures, event derivatives, or virtual markets) are speculative markets created for the purpose of making predictions. The current market prices can then be interpreted as predictions of the probability of the event or the expected value of the parameter.

People who buy low and sell high are rewarded for improving the market prediction, while those who buy high and sell low are punished for degrading the market prediction. Evidence so far suggests that prediction markets are at least as accurate as other institutions predicting the same events with a similar pool of participants.

This book is your ultimate resource for Prediction Markets. Here you will find the most up-to-date information, analysis, background and everything you need to know.

In easy to read chapters, with extensive references and links to get you to know all there is to know about Prediction Markets right away, covering: Prediction market, Assassination market, BlogShares, Contingency market, Cricket Stock Exchange, Election stock market, Futarchy, Nadex, Hollywood Stock Exchange, Hubdub, IMX, Incentive Markets, Infosurv Concept Exchange, Intrade, Iowa Electronic Markets, IPredict, NewsFutures, Policy Analysis Market, Popular Science Predictions Exchange, Prediction game, Stock market simulator, The simExchange, TradeSports, Trendio.com.  

This book explains in-depth the real drivers and workings of Prediction Markets. It reduces the risk of your technology, time and resources investment decisions by enabling you to compare your understanding of Prediction Markets with the objectivity of experienced professionals.

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